Crowley Company's stock has a beta of 1.59, the risk-free rate of interest is 3.4%, and the market average return is 8.7%. What is the rate of return required by owners of the firm's stock? Provide your answer as a decimal. with at least four digits to the right of the decimal (0.1234). Answer: A stock has an expected return of 10.61%. The beta of the stock is 1.4 and the risk free rate is 4.71 percent. What is the market risk premium? Express you answer as a decimal, with at least 4 digits to the right of the decimal (0.1234)